Previously Known As : Franklin India Taxshield
Franklin India Elss Tax Saver Fund Datagrid
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 18
Rating
Growth Option 11-06-2026
NAV ₹1355.94(R) -0.41% ₹1522.28(D) -0.41%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular -9.23% 12.73% 11.75% 12.94% 12.12%
Direct -8.52% 13.63% 12.66% 13.9% 13.12%
Nifty 500 TRI -4.39% 12.59% 11.36% 13.49% 13.77%
SIP (XIRR) Regular -12.43% 2.04% 8.93% 13.16% 12.43%
Direct -11.75% 2.88% 9.85% 14.14% 13.4%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.55 0.25 0.54 1.05% -0.45
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
14.13% -19.88% -15.9% 0.95 10.9%
Fund AUM As on: 30/12/2025 6737 Cr
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Motilal Oswal ELSS Tax Saver Fund 1
SBI ELSS Tax Saver Fund 2
Baroda BNP Paribas ELSS Tax Saver Fund 3
Nippon India ELSS Tax Saver Fund 4
HDFC ELSS Tax Saver 5
HSBC Elss Tax Saver Fund 6
Edelweiss ELSS Tax saver Fund 7
DSP ELSS Tax Saver Fund 8

NAV Date: 11-06-2026

Scheme Name NAV Rupee Change Percent Change
Franklin India ELSS Tax Saver Fund - IDCW 57.3
-0.2400
-0.4100%
Franklin India ELSS Tax Saver Fund - Direct - IDCW 66.66
-0.2700
-0.4100%
Franklin India ELSS Tax Saver Fund-Growth 1355.94
-5.5900
-0.4100%
Franklin India ELSS Tax Saver Fund - Direct - Growth 1522.28
-6.2500
-0.4100%

Review Date: 11-06-2026

Beginning of Analysis

Franklin India ELSS Tax Saver Fund is the 16th ranked fund in the ELSS (Tax Saving) Fund category. The category has total 35 funds. The 3 star rating shows an average past performance of the Franklin India ELSS Tax Saver Fund in ELSS (Tax Saving) Fund. The fund has a Jensen Alpha of 1.05% which is higher than the category average of -0.6%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 0.55 which is higher than the category average of 0.41.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
ELSS (Tax Saving) Mutual Funds are ideal for taxpayers seeking to save taxes under Section 80C while aiming for long-term wealth creation through equity investments. These funds offer a tax deduction of up to ₹1.5 lakh per financial year and have the shortest lock-in period of 3 years among all Section 80C options. However, being equity-oriented, they are subject to market risks and do not offer guaranteed returns. Investors should have a long-term investment horizon and a moderate to high risk tolerance to invest in ELSS funds. Additionally, the tax implications of long-term capital gains should be considered.

Franklin India ELSS Tax Saver Fund Return Analysis

The Franklin India ELSS Tax Saver Fund has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its ELSS (Tax Saving) Fund peers and the Nifty 500 TRI benchmark. This analysis examines the fund’s returns over periods ranging from one month to ten years, alongside its Systematic Investment Plan (SIP) performance, highlighting its rankings within the ELSS (Tax Saving) Fund category and its ability to outperform or underperform the benchmark and category averages.

  • The fund has given a return of -1.72%, -1.54 and -8.81 in last one, three and six months respectively. In the same period the category average return was -2.67%, 0.82% and -5.66% respectively.
  • Franklin India ELSS Tax Saver Fund has given a return of -8.52% in last one year. In the same period the Nifty 500 TRI return was -4.39%. The fund has given 4.13% less return than the benchmark return.
  • The fund has given a return of 13.63% in last three years and rank 16th out of thirty eight funds in the category. In the same period the Nifty 500 TRI return was 12.59%. The fund has given 1.04% more return than the benchmark return.
  • Franklin India ELSS Tax Saver Fund has given a return of 12.66% in last five years and category average returns is 12.23% in same period. The fund ranked 13th out of thirty one funds in the category. In the same period the Nifty 500 TRI return was 11.36%. The fund has given 1.3% more return than the benchmark return.
  • The fund has given a return of 13.12% in last ten years and ranked 18th out of twenty six funds in the category. In the same period the Nifty 500 TRI return was 13.77%. The fund has given 0.65% less return than the benchmark return.
  • The fund has given a SIP return of -11.75% in last one year whereas category average SIP return is -7.13%. The fund one year return rank in the category is 31st in 41 funds
  • The fund has SIP return of 2.88% in last three years and ranks 23rd in 38 funds. Motilal Oswal ELSS Tax Saver Fund has given the highest SIP return (13.41%) in the category in last three years.
  • The fund has SIP return of 9.85% in last five years whereas category average SIP return is 10.03%.

Franklin India ELSS Tax Saver Fund Risk Analysis

  • The fund has a standard deviation of 14.13 and semi deviation of 10.9. The category average standard deviation is 14.7 and semi deviation is 11.3.
  • The fund has a Value at Risk (VaR) of -19.88 and a maximum drawdown of -15.9. The category average VaR is -22.52 and the maximum drawdown is -18.15. The fund has a beta of 0.94 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in ELSS (Tax Saving) Fund Category
  • Good Performance in ELSS (Tax Saving) Fund Category
  • Poor Performance in ELSS (Tax Saving) Fund Category
  • Very Poor Performance in ELSS (Tax Saving) Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -1.78 -2.86
    -2.75
    		-4.27 | -0.54 4 | 40 Very Good
    3M Return % -1.73 0.51
    0.53
    		-3.89 | 10.99 30 | 40 Average
    6M Return % -9.16 -5.81
    -6.20
    		-10.73 | 6.22 31 | 40 Poor
    1Y Return % -9.23 -4.39
    -5.67
    		-11.78 | 4.57 34 | 40 Poor
    3Y Return % 12.73 12.59
    11.83
    		4.43 | 21.37 15 | 38 Good
    5Y Return % 11.75 11.36
    11.01
    		6.50 | 16.86 11 | 31 Good
    7Y Return % 12.94 13.49
    13.04
    		8.98 | 22.16 13 | 29 Good
    10Y Return % 12.12 13.77
    13.34
    		10.31 | 19.15 18 | 25 Average
    15Y Return % 13.28 12.52
    13.00
    		11.00 | 15.16 10 | 19 Good
    1Y SIP Return % -12.43
    -8.20
    		-15.44 | 8.80 30 | 40 Average
    3Y SIP Return % 2.04
    3.33
    		-3.67 | 12.04 23 | 38 Average
    5Y SIP Return % 8.93
    8.81
    		4.14 | 16.85 13 | 31 Good
    7Y SIP Return % 13.16
    12.52
    		7.41 | 19.99 11 | 29 Good
    10Y SIP Return % 12.43
    12.79
    		9.26 | 19.57 14 | 25 Good
    15Y SIP Return % 13.03
    13.25
    		10.66 | 18.92 10 | 20 Good
    Standard Deviation 14.13
    14.70
    		11.10 | 19.53 16 | 39 Good
    Semi Deviation 10.90
    11.30
    		8.53 | 15.18 18 | 39 Good
    Max Drawdown % -15.90
    -18.15
    		-28.24 | -14.41 9 | 39 Very Good
    VaR 1 Y % -19.88
    -22.52
    		-38.55 | -15.29 8 | 39 Very Good
    Average Drawdown % -8.97
    -8.08
    		-11.51 | -4.32 29 | 39 Average
    Sharpe Ratio 0.55
    0.41
    		-0.11 | 0.81 9 | 39 Very Good
    Sterling Ratio 0.54
    0.44
    		0.09 | 0.73 8 | 39 Very Good
    Sortino Ratio 0.25
    0.20
    		-0.01 | 0.37 10 | 39 Very Good
    Jensen Alpha % 1.05
    -0.60
    		-10.13 | 5.94 10 | 38 Very Good
    Treynor Ratio -0.45
    -0.46
    		-0.61 | -0.38 15 | 38 Good
    Modigliani Square Measure % 14.23
    12.28
    		4.00 | 18.31 9 | 38 Very Good
    Alpha % 1.16
    -0.75
    		-9.24 | 7.04 9 | 38 Very Good
    Return data last Updated On : June 11, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -1.72 -2.86 -2.67 -4.17 | -0.45 4 | 41 Very Good
    3M Return % -1.54 0.51 0.82 -3.76 | 11.32 31 | 41 Average
    6M Return % -8.81 -5.81 -5.66 -10.36 | 6.85 33 | 41 Average
    1Y Return % -8.52 -4.39 -4.59 -10.59 | 5.65 36 | 41 Poor
    3Y Return % 13.63 12.59 13.01 5.92 | 22.81 16 | 38 Good
    5Y Return % 12.66 11.36 12.23 7.32 | 18.28 13 | 31 Good
    7Y Return % 13.90 13.49 14.26 10.20 | 23.99 16 | 29 Good
    10Y Return % 13.12 13.77 14.38 10.96 | 20.50 18 | 26 Average
    1Y SIP Return % -11.75 -7.13 -14.50 | 9.88 31 | 41 Average
    3Y SIP Return % 2.88 4.47 -2.29 | 13.41 23 | 38 Average
    5Y SIP Return % 9.85 10.03 5.95 | 18.29 13 | 31 Good
    7Y SIP Return % 14.14 13.78 9.36 | 21.75 13 | 29 Good
    10Y SIP Return % 13.40 13.85 10.05 | 21.17 14 | 26 Good
    Standard Deviation 14.13 14.70 11.10 | 19.53 16 | 39 Good
    Semi Deviation 10.90 11.30 8.53 | 15.18 18 | 39 Good
    Max Drawdown % -15.90 -18.15 -28.24 | -14.41 9 | 39 Very Good
    VaR 1 Y % -19.88 -22.52 -38.55 | -15.29 8 | 39 Very Good
    Average Drawdown % -8.97 -8.08 -11.51 | -4.32 29 | 39 Average
    Sharpe Ratio 0.55 0.41 -0.11 | 0.81 9 | 39 Very Good
    Sterling Ratio 0.54 0.44 0.09 | 0.73 8 | 39 Very Good
    Sortino Ratio 0.25 0.20 -0.01 | 0.37 10 | 39 Very Good
    Jensen Alpha % 1.05 -0.60 -10.13 | 5.94 10 | 38 Very Good
    Treynor Ratio -0.45 -0.46 -0.61 | -0.38 15 | 38 Good
    Modigliani Square Measure % 14.23 12.28 4.00 | 18.31 9 | 38 Very Good
    Alpha % 1.16 -0.75 -9.24 | 7.04 9 | 38 Very Good
    Return data last Updated On : June 11, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Franklin India Elss Tax Saver Fund NAV Regular Growth Franklin India Elss Tax Saver Fund NAV Direct Growth
    11-06-2026 1355.9373 1522.283
    10-06-2026 1361.528 1528.528
    09-06-2026 1364.2681 1531.5725
    08-06-2026 1354.4418 1520.5099
    05-06-2026 1369.4163 1537.2252
    04-06-2026 1371.1708 1539.1629
    03-06-2026 1369.6948 1537.4743
    02-06-2026 1372.5249 1540.6193
    01-06-2026 1369.5374 1537.2341
    29-05-2026 1379.9914 1548.8722
    27-05-2026 1395.575 1566.2982
    26-05-2026 1391.3956 1561.5753
    25-05-2026 1395.4918 1566.14
    22-05-2026 1376.6768 1544.9286
    21-05-2026 1371.9413 1539.5826
    20-05-2026 1369.409 1536.7092
    19-05-2026 1367.3494 1534.3663
    18-05-2026 1364.4926 1531.1289
    15-05-2026 1368.3417 1535.3532
    14-05-2026 1368.8965 1535.944
    13-05-2026 1356.9707 1522.5316
    12-05-2026 1353.6345 1518.7569
    11-05-2026 1380.5611 1548.9363

    Fund Launch Date: 10/Apr/1994
    Fund Category: ELSS (Tax Saving) Fund
    Investment Objective: The primary objective for Franklin IndiaTaxshield is to provide medium to long termgrowth of capital along with income taxrebate.
    Fund Description: An Open-End Equity Linked Savings Scheme
    Fund Benchmark: Nifty 500 TRI
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.